Quote from: James Messy on December 05, 2017, 10:06:45 AM

Quote from: OmegaStarScream on December 05, 2017, 10:02:47 AM

Quote from: James Messy on December 05, 2017, 09:55:13 AM

Is 'Buy and Hold' the Best Bitcoin Investment Strategy?

You are basically believing that the price will increase infinitely by using that strategy, buying at all time high can be risky regardless of what people try to tell because no one knows when the next crash will come.

It means that one or the other day crash will occur? So according to it will be the end of Bitcoin. So if the people know that Bitcoin is risky investment scheme then why are taking such risks?

Because it can go both ways.
In my opinion, it will always be depending on how people trust bitcoin as a commodity or store value. Once that someone says withdraw, everyone will sell and prices will crash. Of someone says hodl because it will rise up, many will invest and prices will be going down.
That is why many are taking risks, volaliy is unpredictable especially this past few weeks and today.